Our pivot point is at 0.8637.
Our preference: as long as 0.8637 is support look for 0.8704.
Alternative scenario: the downside breakout of 0.8637 would call for 0.8613 and 0.8598.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.8653 and 0.8638).
Supports and resistances:
0.8733 **
0.8719 *
0.8704 **
0.8690
0.8656 last
0.8646
0.8637 **
0.8613 *
0.8598 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-20-2025 at 22:28 UTC+1
Price reference: 0.8656 last known on 08-20-2025 at 22:28 UTC+1
Investment horizon: INTRADAY
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